🔥Hot Off Market: High-Yield Opportunity in Ocala!💵

Marion County, Ocala, FL, 34470
Sold
Listed at: May 15th, 2024
Price
$119,000
ARV
$235,000
Gross Margin
$116,000
Sq. Footage
1551
Type
Single-Family
Parking
Carport
Year build
1976
Lot size
26136.00 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

🔥Hot Off Market: High-Yield Opportunity in Ocala!💵

 

🏡 Property Details:

  • 3 Bed / 2 Bath / Carport
  • Livable Area: 1,551 sqft (per tax records)
  • Lot Size: 26,136 sqft
  • Year Built: 1976 (Block Construction)

💰 Financials:

  • ARV: $235,000
  • Asking Price: $119,000
  • EMD: $5,000
  • Close of Escrow: 5/22/24
  • Market Rent: $1,800/month

📸 Link to Photos: View Photos

 

🔍 Comparable Sales:

  • 392 SE 61st Ct: Sold for $345k on 11/23 (4 beds / 2 baths, 1,751 sqft, built in 2023)
  • 185 SE 62nd Ave: Sold for $260k on 5/23 (Updated, 3 beds / 2 baths, 1,462 sqft, built in 1997)
  • 5930 SE 5th Pl: Sold for $275k on 11/23 (3 beds / 2 baths, 1,610 sqft, built in 1991)

Property Highlights:

  • Spacious Lot: Generous 26,136 sqft lot offering ample outdoor space.
  • Solid Structure: Built with durable block construction in 1976.
  • Current Condition: Equipped with a 15-year-old metal roof; AC needs replacement.
  • High Rental Income Potential: Market rent estimated at $1,800/month.

💼 Why Invest Here?

  • Prime Location: Located in the desirable Ocala area, close to amenities and major roads.
  • Great ROI: Significant upside with an ARV of $235,000 and an asking price of only $119,000.
  • Excellent Comparables: Similar properties in the area have sold for significantly higher prices.

📞 Act Now: Secure this incredible deal with an EMD of $5,000 and close by 5/22/24. Don't miss out on this lucrative investment opportunity!

🔑 Your Next Profitable Venture Awaits!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Helena Wu

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